Q3 2026 Fiscal Year Financial Results Briefing

Overview of Results

For 3Q cumulative of the 2026 fiscal year, consolidated net sales were 24,230 million yen, up 15.0% YoY. However, operating income was 1,395 million yen, down 11.2% YoY. By segment, the Optical business achieved net sales of 13,123 million yen (YoY +18.4%), increasing, but with an operating loss of 178 million yen. The Electronics business recorded net sales of 11,106 million yen (YoY +18.6%), but operating income declined by 1,574 million yen due to inventory adjustments. Full-year guidance was revised to reflect a recovery in the second half, updating the full-year outlook for the Optical and Electronics segments.

Outlook and Potential Impacts

In the second half, the Optical business is expected to remain solid with high-value products for downstream optical components, and price revisions to secure appropriate profitability. The Electronics business is sustaining demand growth on the back of expanded data center investments. Meanwhile, risks from higher raw material costs, rare earth procurement, and inventory adjustments are to be monitored. The full-year forecast targets net sales of 33,700 million yen and operating income of 2,100 million yen.